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20121212
20121212
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of america. every time you come to this floor it's a question, why are we here? we are here to do the people's work. let's sit down. get it done. and move forward. instead of filling the agenda however worthy some of those initiatives may be, instead of not along with passing a middle income tax -- this is also reminiscent of a year ago. the president proposed, the house and senate, democrats and republicans, voted for the payroll tax holiday. the republicans in the house resisted. painted themselves into a corner until they had no choice. the issue had been made too hot for them to handle and they finally had to come around to supporting the payroll tax holiday. and here we are again. 100% of the american people will receive a tax cut when we pass the middle income tax cut. the wealthiest people in our country will receive a tax cut up to their income of $250,000. we are asking them to pay a little bit more for what they make over $250,000 a year. to help reduce the deficit, to help grow the economy, grow the economy. that growth is what is essential. you want to reduce the deficit, create
: but this is a historic reversal. look i've been in america 40 years and started out in san francisco 40 years ago and back in those days, there was always a net migration into california, significant numbers. california gained tens of millions of people over my time in america, but that just recently has been completely reversed. now there's a net leaving of people. and that's historic in america, that's historic. >> it is historic. it is historic because you come here, as i said for the weather, but that's it anymore and there's no promise of a future. don't promise that you're going to be able to put down your stake and really do something with it. look at the head of facebook, one of the partners left not only the state of california, left the united states of america because of the taxes going on in this state and in the united states of america itself. so, again, there's no incentive to stay in the state because you were so punished, if in fact you do have the state. if you're a young couple trying to raise a family into the public school system and the public school system is in the tank an
was prohibited in america, al capone and the gangsters existed. and all that money went into the underworld. people were being arrested for drinking alcohol. they were being put in prison. the united states realized that was not a sensible option, and the moment they legalized it, the taxes went into health and education. people stopped getting arrested and put in prison. the underworld went away. you know, i think the global drug commission believes that if you take the same approach to say something like marijuana, it's likely to work. what they're saying is that let certain states experiment with it. let's see what happens. we don't believe that, you know, the health issues of the public will be any worse than they currently are, because people could readily get marijuana any way, almost anywhere. >> let's talk about your expertise in space. what is your next big adventure? are you still intent on going to space and leading space tourism? when does that happen? >> i said i wanted to get high, didn't i? >> you want to get high, real high. >> i want to get real high. we're very, very close
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is what dupont is talking about next year. 1.5% growth in north america, 4% in asia pacific. i do agree chain a's definitely a bright spot. that's certainly pretty good. dupont really big company, they operate across chemical business, they operate in electronics, agriculture. remember, housing, they owned the tybeck insulation business, that's been a monster business for them overall. i think china is the bright spot. if you look carefully, they're talking about 8% to 12% decline in revenues in 2013. even though they said we're projecting pretty much the same in 2013, as 2012, the ceo said there are signs of improvement in china. yet their numbers overall this year weren't that good. still, i'd say pretty cautious, hopefully china starting to emerge. again, fourth quarter may be the bottom here for china. guys, back to you. >> totally agree. joy would not be having this move if china were really going to be bad in 2013. it is a unique china play. let's check the bonds and dollars. rick santelli in chicago. rick, take it over. >> all right. well, if we look at interest rates in the 10-y
Search Results 0 to 4 of about 5